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Cheap credit tap opens for SMEs

With large blue chip companies no longer knocking on banks' doors, bankers today are lending against the receivables of SMEs. Indeed, small- and medium-sized enterprises (SMEs) are getting loans at interest rates of between 7.5% and 9%, lower than the...

Coface UK poll shows confidence that payment problems will...

Coface UK recently conducted a mini-poll asking respondents whether they believed levels of delayed and/or non-payment will increase or decrease…


Record high of 100,000 German bankruptcies

German bankruptcies hit a record high last year as the fragile state of Europe's largest economy and rising private borrowing…

#economy#insolvencies#insolvency


DTI guide – Creating Value from your Intangible Assets

Irrespective of sector, innovative organisations recognise that to maintain their competitive advantage they must continually seek to identify, develop and…


GE Commercial Finance in refinancing deal with British valve...

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…

#acquisition#commercial finance#funding


Official export-credit programmes

Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service…

#exports#political risks#risk


Small business fury over tax break 'U-turn'

Gordon Brown closed a tax loophole for self-employed people two years after he created it, in a U-turn that infuriated…

#Deloitte#Paid#small business


AGF plans to build 10% on profit recovery in...

Allianz group’s French insurance subsidiary AGF has set itself the target of increasing operating profitability by 10% this year after…

#Allianz#insurance


Banks squeezed to lend more

Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…

#bank#cash-flow#liquidity


Chancellor all 'enterprise' talk and no action – ACCA

Responding to the Chancellor's budget speech, the Association of Chartered Certified Accountants (ACCA) was disappointed with the ways the Chancellor…


Ex-Im Bank offers help to New England exporters to...

The Export-Import Bank of the United States (Ex-Im Bank) in cooperation with the US Department of Commerce, Small Business Administration,…

#bank#exporters#international


Surge in small business happiness

According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…

#bank#economy#small business

Desarrollo buys 70% stake in factoring unit

Chile's Banco del Desarrollo announced that it has purchased a 70% stake in factoring company Bandesarrollo Factoring for an undisclosed…

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